Lizhan Environmental (Lizhan Environmental) Days Sales Outstanding : 90.83 (As of Mar. 2012)

View and export this data going back to 2010. Start your Free Trial

What is Lizhan Environmental Days Sales Outstanding?

Lizhan Environmental's average Accounts Receivable for the three months ended in Mar. 2012 was $5.25 Mil. Lizhan Environmental's Revenue for the three months ended in Mar. 2012 was $5.27 Mil. Hence, Lizhan Environmental's Days Sales Outstanding for the three months ended in Mar. 2012 was 90.83.

The historical rank and industry rank for Lizhan Environmental's Days Sales Outstanding or its related term are showing as below:

LZENF's Days Sales Outstanding is not ranked ^*
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 52.78
* Ranked among companies with meaningful Days Sales Outstanding only.

Lizhan Environmental's Days Sales Outstanding increased from Dec. 2010 (75.20) to Mar. 2012 (90.83).

Lizhan Environmental Days Sales Outstanding Historical Data

The historical data trend for Lizhan Environmental's Days Sales Outstanding can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Lizhan Environmental Days Sales Outstanding Chart

Lizhan Environmental Annual Data

Trend

Sep08

Sep09

Sep10

Sep11

Days Sales Outstanding

82.49

61.58

45.85

68.37

Lizhan Environmental Quarterly Data
	Sep08	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Mar12
Days Sales Outstanding	Get a 7-Day Free Trial							75.20	130.03	61.58	79.61	90.83

Competitive Comparison of Lizhan Environmental's Days Sales Outstanding

For the Textile Manufacturing subindustry, Lizhan Environmental's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Lizhan Environmental's Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Lizhan Environmental's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Lizhan Environmental's Days Sales Outstanding falls into.

Lizhan Environmental Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Lizhan Environmental's Days Sales Outstanding for the fiscal year that ended in Sep. 2011 is calculated as

	Days Sales Outstanding (A: Sep. 2011 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2010 )	+	Accounts Receivable (A: Sep. 2011 ))	/	count )	/	Revenue (A: Sep. 2011 )	*	Days in Period
=	( (7.31	+	6.304)	/	2 )	/	36.342	*	365
=	6.807					/	36.342	*	365
=	68.37

Lizhan Environmental's Days Sales Outstanding for the quarter that ended in Mar. 2012 is calculated as:

	Days Sales Outstanding (Q: Mar. 2012 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2011 )	+	Accounts Receivable (A: Mar. 2012 ))	/	count )	/	Revenue (A: Mar. 2012 )	*	Days in Period
=	( (6.304	+	4.191)	/	2 )	/	5.272	*	365 / 4
=	5.2475					/	5.272	*	365 / 4
=	90.83

Lizhan Environmental (OTCPK:LZENF) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Lizhan Environmental Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Lizhan Environmental's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Lizhan Environmental (Lizhan Environmental) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Lizhan Environmental Corp (OTCPK:LZENF) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 716, Qifu Road, Wutong Street, Tongxiang, Zhejiang Province, CHN, 314500

Website

http://gb.lzencorp.com/

Lizhan Environmental Corp manufactures, distributes and markets synthetic leather and other fabrics from recycled leather waste, among other materials. It's products used in the production of residential and office furniture, garments, automotive upholstery products, and various consumer applications. It sells domestically in China and export to distributors and manufacturers in the United States and other foreign countries.

Lizhan Environmental (Lizhan Environmental) Headlines

No Headlines